Investors in Atkore Inc. Should Contact Levi & Korsinsky Before April 23, 2025 to Discuss Your Rights - ATKR
1. A class action lawsuit has been filed against Atkore Inc. for securities fraud.
2. Allegations include price-fixing schemes inflating PVC Pipe prices unsustainably.
3. The lawsuit spans from August 2022 to February 2025, impacting investor confidence.
4. Negative impact on Atkore's operations is claimed due to the exposure of fraud.
5. Affected investors can participate at no cost in seeking compensation.
The lawsuit suggests serious allegations of fraud which historically leads to stock declines, as seen with companies like Enron and Volkswagen during their scandals.
How important is it?
The legal allegations could severely impact Atkore's reputation and stock price in the immediate future.
Why Short Term?
Legal proceedings may create immediate market volatility and investor uncertainty, similar to how Tesla faced stock pressure following legal challenges.
Levi & Korsinsky, LLP notifies investors in Atkore Inc. ("Atkore Inc." or the "Company") (NYSE: ATKR) of a class action securities lawsuit.
CLASS DEFINITION:
The lawsuit seeks to recover losses on behalf of Atkore Inc. investors who were adversely affected by alleged securities fraud between August 2, 2022, and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team:
Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
CASE DETAILS:
The filed complaint alleges that defendants made false statements and/or concealed that:
(1) Atkore engaged in an anticompetitive price-fixing scheme that artificially inflated the price of PVC Pipes;
(2) Atkore reaped significant, unsustainable financial benefits from its anticompetitive conduct;
(3) as Atkore's price-fixing scheme was exposed, the Company and its price-fixing co-conspirators were no longer able to artificially inflate the price of PVC Pipes, resulting in a substantial decrease in the price of PVC Pipes;
(4) Atkore's business and operations were negatively impacted; and
(5) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT'S NEXT?
If you suffered a loss in Atkore Inc. during the relevant time frame, you have until April 23, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU:
If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY:
Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171 www.zlk.com
